S&P Global Platts decided to launch daily spot price assessments for PET bales starting April 1. | Gunter Menzel
Commodities research company S&P Global Platts has started reporting post-consumer PET bale prices in Chicago and Los Angeles.
S&P Global Platts decided to launch daily spot price assessments for PET bales starting April 1. | Gunter Menzel
Commodities research company S&P Global Platts has started reporting post-consumer PET bale prices in Chicago and Los Angeles.
Gov. Jay Inslee vetoed House Bill 2722, which requires manufacturers to use post-consumer content in plastic bottles. | Photo credit: Governor Inslee’s Office
Washington’s governor vetoed a bill mandating recycled content in beverage containers, citing concerns about the state’s fiscal future given the economic impacts of the coronavirus.
Direct Pack has acquired a Mexico-headquartered recycling operation with capacity to process 40 million pounds per year of PET. | Courtesy of Direct Pack.
U.S. plastic thermoform manufacturer Direct Pack Inc. has acquired a PET reclaimer and is now processing recovered thermoforms at a Mexico site.
Rolph Payet, executive secretary of the Basel, Rotterdam and Stockholm conventions, speaks at the Plastics Recycling Conference and Trade Show. | Plastics Recycling Conference/Brian Adams Photography
Scrap plastic exporters should closely monitor policy changes in the countries they sell to as the global community prepares to enact more aggressive shipment requirements, according to the top staff member for the Basel Convention.
A pelletizing and melt delivery equipment company opened a lab in North Carolina, and a U.S. thermoforms company begins using sheets from resin made partly through a PET depolymerization process.
The Closed Loop Partners investment will finance Reterra’s move into its recently acquired facility and will help fund equipment purchases. | Natee Meepian/Shutterstock
Closed Loop Partners will invest $2 million in a Houston chemical recycling company that processes PET residue generated by mechanical recycling operations.
Department of Energy grants are available to advance energy-efficient recycling processes. | cwales/Shutterstock
The U.S. Department of Energy will provide up to $25 million for the development of efficiently recycled polymers and improved recycling processes.
News that packaging manufacturer Direct Pack has acquired a Mexico-headquartered recycling operation drew attention last month. | Courtesy of Direct Pack.
Industry impacts from the coronavirus outbreak, funding opportunities and thermoform processing drew readers’ attention last month.
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